Call reports 2008
PREMIER BANK — 2008
What PREMIER BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 87,662,000 | 88,767,000 | 89,169,000 | 88,791,000 |
| Total loans | 50,789,000 | 52,615,000 | 53,204,000 | 55,053,000 |
| Allowance for loan losses | 1,256,000 | 1,097,000 | 975,000 | 990,000 |
| Securities available for sale | 15,802,000 | 15,159,000 | 14,443,000 | 14,295,000 |
| Securities held to maturity | 0 | 1,570,000 | 1,991,000 | 1,863,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,904,000 | 74,703,000 | 74,112,000 | 75,440,000 |
| Interest-bearing deposits | 59,512,000 | 59,473,000 | 57,914,000 | 61,394,000 |
| Noninterest-bearing deposits | 13,392,000 | 15,230,000 | 16,198,000 | 14,046,000 |
| Equity capital | 9,836,000 | 9,115,000 | 8,565,000 | 6,678,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,354,000 | 2,458,000 | 3,611,000 | 4,719,000 |
| Interest expense | 716,000 | 1,328,000 | 1,912,000 | 2,476,000 |
| Net interest income | 638,000 | 1,130,000 | 1,699,000 | 2,243,000 |
| Noninterest income | 378,000 | 782,000 | 1,049,000 | 1,431,000 |
| Noninterest expense | 1,650,000 | 3,219,000 | 4,735,000 | 6,216,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | -582,000 | -1,271,000 | -1,967,000 | -2,512,000 |
| Income tax | -235,000 | -509,000 | -782,000 | 652,000 |
| Net income | -347,000 | -762,000 | -1,185,000 | -3,164,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,087,000 | 8,435,000 | 7,723,000 | 6,908,000 |
| Total capital | 9,879,000 | 9,252,000 | 8,558,000 | 7,747,000 |
| Risk-weighted assets | 62,925,000 | 65,087,000 | 66,698,000 | 66,985,000 |